Business climate unchanged in Polish manufacturing, trade and in construction in August

By bne IntelliNews August 25, 2014

Business tendency surveys carried out in August by the national stats office GUS showed no changes in the business climate of the manufacturing sector (flat m/m at +5pts), as well as in the retail trade sector (0pts) and in the construction sector (-4pts).

In the manufacturing sector, assessments and forecasts in respect of current production levels as well as order books are optimistic and better than a month before. Current financial standing continues to be assessed negatively, though better than a month earlier, while forecasts are positvie, similarly as a a month ago.

In the construction sector, current assessments concerning order books and output levels are similar as a month before. Respective forecasts are slightly less optimistic than in July. Forecasts on financial standing are slightly less pessimistic than last month, GUS also reported.

In retail trade, current assessments of sales are slightly positive - better than in July, while assessments concerning financial standings are improving, though they are still negative. Expectations in this respect also remain negative. 

Related Articles

Malawi-focused Mkango Resources' unit to merge with US-based Crown PropTech

Lancaster Exploration (Lancaster), a subsidiary of Mkango Resources (Mkango), has announced a merger with Crown PropTech Acquisitions (CPTK), a US-listed special purpose acquisitions company. ... more

Glass wool production restarts in Hungary after 16-year hiatus

Glass wool manufacturing has resumed in Hungary after a 16-year break, as the first trial products rolled off the production line at a new thermal insulation plant built in northeastern Hungary ... more

Poland signs €200mn deal with ICEYE for reconnaissance satellites

Poland will acquire three synthetic aperture radar (SAR) satellites under a €200mn agreement with Polish-Finnish satellite operator ICEYE, the company said on May 14. The contract comes in the ... more

Dismiss